Flood insurance policies plunged before Harvey

Flood insurance policies plunged before Harvey

The flooded home of Jiles Daniels near Cleveland, Texas, northeast of Houston. Daniels, a retired oil company manager, never wavered when he bought flood insurance on both his homes: one in Houston and another on an island near Cleveland, northeast of Houston.
FEMA Administrator Brock Long speaks on July 15 in Providence, R.I. Houston’s population is growing quickly, but when Harvey hit last weekend there were far fewer homes and other properties in the area with flood insurance than just five years ago, according to an Associated Press investigation. Long told the AP he was uncertain what was driving the drop in insurance coverage in Houston. He said storm victims who have lost their homes and are uninsured could seek assistance through the Small Business Administration, which offers loans.

Flood insurance policies plunged before Harvey

The flooded home of Jiles Daniels near Cleveland, Texas, northeast of Houston. Daniels, a retired oil company manager, never wavered when he bought flood insurance on both his homes: one in Houston and another on an island near Cleveland, northeast of Houston.
FEMA Administrator Brock Long speaks on July 15 in Providence, R.I. Houston’s population is growing quickly, but when Harvey hit last weekend there were far fewer homes and other properties in the area with flood insurance than just five years ago, according to an Associated Press investigation. Long told the AP he was uncertain what was driving the drop in insurance coverage in Houston. He said storm victims who have lost their homes and are uninsured could seek assistance through the Small Business Administration, which offers loans.
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